succession advisory services limited
succession advisory services limited Company Information
Company Number
06711051
Next Accounts
Sep 2025
Shareholders
succession holdings ltd
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
the apex, brest road, derriford business park, plymouth, PL6 5FL
succession advisory services limited Estimated Valuation
Pomanda estimates the enterprise value of SUCCESSION ADVISORY SERVICES LIMITED at £18.6m based on a Turnover of £11.3m and 1.64x industry multiple (adjusted for size and gross margin).
succession advisory services limited Estimated Valuation
Pomanda estimates the enterprise value of SUCCESSION ADVISORY SERVICES LIMITED at £25.1m based on an EBITDA of £4.4m and a 5.66x industry multiple (adjusted for size and gross margin).
succession advisory services limited Estimated Valuation
Pomanda estimates the enterprise value of SUCCESSION ADVISORY SERVICES LIMITED at £34.5m based on Net Assets of £25.7m and 1.34x industry multiple (adjusted for liquidity).
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Succession Advisory Services Limited Overview
Succession Advisory Services Limited is a live company located in plymouth, PL6 5FL with a Companies House number of 06711051. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in September 2008, it's largest shareholder is succession holdings ltd with a 100% stake. Succession Advisory Services Limited is a established, mid sized company, Pomanda has estimated its turnover at £11.3m with declining growth in recent years.
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Succession Advisory Services Limited Health Check
Pomanda's financial health check has awarded Succession Advisory Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £11.3m, make it larger than the average company (£5.5m)
£11.3m - Succession Advisory Services Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (4.9%)
-5% - Succession Advisory Services Limited
4.9% - Industry AVG
Production
with a gross margin of 54%, this company has a comparable cost of product (54%)
54% - Succession Advisory Services Limited
54% - Industry AVG
Profitability
an operating margin of 39.3% make it more profitable than the average company (9.1%)
39.3% - Succession Advisory Services Limited
9.1% - Industry AVG
Employees
with 9 employees, this is below the industry average (14)
9 - Succession Advisory Services Limited
14 - Industry AVG
Pay Structure
on an average salary of £89.6k, the company has an equivalent pay structure (£82.7k)
£89.6k - Succession Advisory Services Limited
£82.7k - Industry AVG
Efficiency
resulting in sales per employee of £1.3m, this is more efficient (£224.1k)
£1.3m - Succession Advisory Services Limited
£224.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Succession Advisory Services Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (46 days)
7 days - Succession Advisory Services Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Succession Advisory Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 32 weeks, this is average cash available to meet short term requirements (29 weeks)
32 weeks - Succession Advisory Services Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.3%, this is a lower level of debt than the average (70.9%)
8.3% - Succession Advisory Services Limited
70.9% - Industry AVG
SUCCESSION ADVISORY SERVICES LIMITED financials
Succession Advisory Services Limited's latest turnover from December 2023 is £11.3 million and the company has net assets of £25.7 million. According to their latest financial statements, Succession Advisory Services Limited has 9 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 11,310,000 | 12,651,000 | 14,013,000 | 13,395,000 | 14,028,000 | 13,640,000 | 12,408,000 | 9,857,000 | 7,649,022 | 6,262,046 | 5,056,774 | 1,740,429 | |||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 4,441,000 | 4,215,000 | 6,127,000 | 5,659,000 | 4,962,000 | 4,150,000 | 3,463,000 | 2,284,000 | 1,574,402 | 1,405,887 | 443,816 | -717,614 | |||
| Interest Payable | 3,000 | 13,000 | 15,000 | 9,000 | 5,000 | 6,000 | 7,000 | 8,648 | 10,154 | 58,835 | 501,491 | ||||
| Interest Receivable | 366,000 | 223,000 | 1,000 | ||||||||||||
| Pre-Tax Profit | 4,807,000 | 4,435,000 | 6,114,000 | 5,470,000 | 4,953,000 | 2,745,000 | 3,458,000 | 2,277,000 | 1,565,754 | 1,395,733 | 384,981 | -924,055 | |||
| Tax | 511,000 | -139,000 | -785,000 | 155,000 | -354,000 | -441,000 | -375,716 | -183,040 | 1,004,077 | ||||||
| Profit After Tax | 4,807,000 | 4,435,000 | 6,625,000 | 5,331,000 | 4,168,000 | 2,900,000 | 3,104,000 | 1,836,000 | 1,190,038 | 1,212,693 | 1,389,058 | -924,055 | |||
| Dividends Paid | 13,606,000 | ||||||||||||||
| Retained Profit | 4,807,000 | 4,435,000 | -6,981,000 | 5,331,000 | 4,168,000 | 2,900,000 | 3,104,000 | 1,836,000 | 1,190,038 | 1,212,693 | 1,389,058 | -924,055 | |||
| Employee Costs | 806,000 | 836,000 | 581,000 | 277,000 | 3,157,000 | 1,737,000 | 2,052,000 | 1,522,822 | 1,003,196 | 1,503,313 | 1,499,007 | ||||
| Number Of Employees | 9 | 8 | 6 | 4 | 9 | 18 | 27 | 26 | 18 | 14 | 23 | 23 | |||
| EBITDA* | 4,442,000 | 4,215,000 | 6,132,000 | 5,670,000 | 4,973,000 | 4,160,000 | 3,469,000 | 2,287,000 | 1,577,694 | 1,428,018 | 472,740 | -678,451 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,000 | 2,000 | 2,000 | 3,000 | 85 | 294 | 7,925 | 14,101 | 21,459 | 14,694 | 13,675 | ||||
| Intangible Assets | 5,000 | 14,000 | 24,000 | 6,000 | 10,000 | 3,083 | 17,583 | 33,082 | 59,564 | 77,218 | 81,200 | ||||
| Investments & Other | 759,000 | 759,000 | 759,000 | 2,771,000 | 2,771,000 | 2,770,747 | 2,770,747 | 2,770,747 | 2,770,747 | 816,550 | |||||
| Debtors (Due After 1 year) | 1,000 | 4,000 | 445,344 | 821,060 | |||||||||||
| Total Fixed Assets | 1,000 | 1,000 | 764,000 | 775,000 | 785,000 | 2,780,000 | 2,785,000 | 3,216,176 | 3,595,184 | 2,796,255 | 2,817,930 | 897,573 | 91,912 | 94,875 | |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 92,000 | 18,000 | 12,000 | 6,950 | 32,919 | 305,525 | 61,882 | 115,939 | 125,358 | 38,368 | |||||
| Group Debtors | 25,502,000 | 19,974,000 | 14,879,000 | 22,471,000 | 18,547,000 | 13,476,000 | 8,848,000 | 5,630,000 | 2,648,135 | 1,280,849 | |||||
| Misc Debtors | 1,139,000 | 2,217,000 | 2,370,000 | 1,414,000 | 1,355,000 | 1,144,000 | 1,209,000 | 988,000 | 748,265 | 609,394 | 1,516,071 | 173,979 | |||
| Cash | 1,423,000 | 825,000 | 780,000 | 376,000 | 71,000 | 349,000 | 70,000 | 90,000 | 319,068 | 52,297 | 183,179 | 51,569 | 41,146 | 1,067,585 | 768,226 |
| misc current assets | |||||||||||||||
| total current assets | 28,064,000 | 23,016,000 | 18,029,000 | 24,261,000 | 19,973,000 | 15,061,000 | 10,145,000 | 6,720,000 | 3,722,418 | 1,975,459 | 2,004,775 | 287,430 | 157,085 | 1,192,943 | 806,594 |
| total assets | 28,064,000 | 23,017,000 | 18,030,000 | 25,025,000 | 20,748,000 | 15,846,000 | 12,925,000 | 9,505,000 | 6,938,594 | 5,570,643 | 4,801,030 | 3,105,360 | 1,054,658 | 1,284,855 | 901,469 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 101,000 | 18,000 | 28,000 | 323,000 | 13,000 | 34,000 | 195,000 | 35,021 | 29,556 | 83,499 | 29,976 | 318,760 | 197,924 | 355,391 | |
| Group/Directors Accounts | 775,000 | 526,000 | 205,000 | 508,000 | 300,000 | 31,019 | 119 | ||||||||
| other short term finances | 148,000 | 156,000 | 99,000 | 51,000 | 80,000 | 73,000 | 97,457 | 55,362 | 409,079 | 401,575 | |||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 1,435,000 | 1,082,000 | 1,138,000 | 1,235,000 | 2,051,000 | 1,470,000 | 1,096,000 | 834,000 | 508,247 | 408,794 | 444,333 | 186,097 | |||
| total current liabilities | 2,311,000 | 1,626,000 | 1,286,000 | 1,419,000 | 2,473,000 | 1,739,000 | 1,718,000 | 1,402,000 | 671,744 | 493,831 | 936,911 | 617,648 | 318,760 | 197,924 | 355,391 |
| loans | 12,651 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 22,000 | ||||||||||||||
| other liabilities | 495,208 | 2,014,090 | 1,023,942 | ||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 22,000 | 12,651 | 495,208 | 2,014,090 | 1,023,942 | ||||||||||
| total liabilities | 2,333,000 | 1,626,000 | 1,286,000 | 1,419,000 | 2,473,000 | 1,739,000 | 1,718,000 | 1,402,000 | 671,744 | 493,831 | 936,911 | 630,299 | 813,968 | 2,212,014 | 1,379,333 |
| net assets | 25,731,000 | 21,391,000 | 16,744,000 | 23,606,000 | 18,275,000 | 14,107,000 | 11,207,000 | 8,103,000 | 6,266,850 | 5,076,812 | 3,864,119 | 2,475,061 | 240,690 | -927,159 | -477,864 |
| total shareholders funds | 25,731,000 | 21,391,000 | 16,744,000 | 23,606,000 | 18,275,000 | 14,107,000 | 11,207,000 | 8,103,000 | 6,266,850 | 5,076,812 | 3,864,119 | 2,475,061 | 240,690 | -927,159 | -477,864 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 4,441,000 | 4,215,000 | 6,127,000 | 5,659,000 | 4,962,000 | 4,150,000 | 3,463,000 | 2,284,000 | 1,574,402 | 1,405,887 | 443,816 | -717,614 | |||
| Depreciation | 1,000 | 2,000 | 1,000 | 1,000 | 209 | 7,631 | 13,425 | 12,681 | 6,257 | 6,617 | 1,564 | ||||
| Amortisation | 5,000 | 9,000 | 10,000 | 9,000 | 6,000 | 3,000 | 3,083 | 14,500 | 15,499 | 26,482 | 17,654 | 26,482 | 4,745 | ||
| Tax | 511,000 | -139,000 | -785,000 | 155,000 | -354,000 | -441,000 | -375,716 | -183,040 | 1,004,077 | ||||||
| Stock | |||||||||||||||
| Debtors | 4,450,000 | 4,941,000 | -6,635,000 | 3,983,000 | 5,190,000 | 4,637,000 | 3,441,000 | 2,785,306 | 1,104,472 | 922,626 | 1,585,735 | 119,922 | 77,571 | 86,990 | 38,368 |
| Creditors | 83,000 | 18,000 | -28,000 | -295,000 | 310,000 | -21,000 | -161,000 | 159,979 | 5,465 | -53,943 | 53,523 | -288,784 | -36,631 | -157,467 | 355,391 |
| Accruals and Deferred Income | 375,000 | -56,000 | -97,000 | -816,000 | 581,000 | 374,000 | 262,000 | 325,753 | 99,453 | -35,539 | 258,236 | 186,097 | |||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 450,000 | -764,000 | 13,153,000 | 437,000 | -111,000 | 31,000 | -225,000 | -453,574 | 202,424 | 232,870 | 202,841 | -901,060 | |||
| Investing Activities | |||||||||||||||
| capital expenditure | -7,249 | 289,727 | |||||||||||||
| Change in Investments | -759,000 | -2,012,000 | 253 | 1,954,197 | 816,550 | ||||||||||
| cash flow from investments | -7,249 | -1,664,470 | |||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 249,000 | 526,000 | -205,000 | -303,000 | 208,000 | 268,981 | 30,900 | 119 | |||||||
| Other Short Term Loans | -148,000 | -8,000 | 57,000 | 48,000 | -29,000 | 7,000 | -24,457 | 42,095 | -353,717 | 7,504 | 401,575 | ||||
| Long term loans | -12,651 | 12,651 | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -495,208 | -528,734 | 990,148 | 1,023,942 | |||||||||||
| share issue | |||||||||||||||
| interest | 366,000 | 220,000 | -13,000 | -15,000 | -9,000 | -5,000 | -5,000 | -7,000 | -8,648 | -10,154 | -58,835 | -501,491 | |||
| cash flow from financing | 148,000 | 810,000 | 98,000 | 42,000 | -166,000 | -337,000 | 210,000 | 237,674 | 64,347 | -363,752 | -63,982 | 2,575,953 | |||
| cash and cash equivalents | |||||||||||||||
| cash | 598,000 | 45,000 | 404,000 | 305,000 | -278,000 | 279,000 | -20,000 | -229,068 | 266,771 | -130,882 | 131,610 | 10,423 | -727,080 | 299,359 | 768,226 |
| overdraft | |||||||||||||||
| change in cash | 598,000 | 45,000 | 404,000 | 305,000 | -278,000 | 279,000 | -20,000 | -229,068 | 266,771 | -130,882 | 131,610 | 10,423 | -727,080 | 299,359 | 768,226 |
succession advisory services limited Credit Report and Business Information
Succession Advisory Services Limited Competitor Analysis
Perform a competitor analysis for succession advisory services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in PL6 area or any other competitors across 12 key performance metrics.
succession advisory services limited Ownership
SUCCESSION ADVISORY SERVICES LIMITED group structure
Succession Advisory Services Limited has no subsidiary companies.
Ultimate parent company
1 parent
SUCCESSION ADVISORY SERVICES LIMITED
06711051
succession advisory services limited directors
Succession Advisory Services Limited currently has 2 directors. The longest serving directors include Mr Simon Taylor (Feb 2016) and Mr Simon Marsden (Feb 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Taylor | United Kingdom | 54 years | Feb 2016 | - | Director |
| Mr Simon Marsden | United Kingdom | 52 years | Feb 2024 | - | Director |
P&L
December 2023turnover
11.3m
-11%
operating profit
4.4m
+5%
gross margin
54.1%
-3.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
25.7m
+0.2%
total assets
28.1m
+0.22%
cash
1.4m
+0.72%
net assets
Total assets minus all liabilities
succession advisory services limited company details
company number
06711051
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
September 2008
age
17
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
the apex, brest road, derriford business park, plymouth, PL6 5FL
Bank
-
Legal Advisor
-
succession advisory services limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to succession advisory services limited.
succession advisory services limited Capital Raised & Share Issues BETA
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succession advisory services limited Companies House Filings - See Documents
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